Evergrande scraps 90b yuan solar push as timing 'immature'
No funds spent on solar so far, says parent of most indebted Chinese developer
Tue, Mar 24, 2015 - 5:50 AM
EVERGRANDE Group, the parent of China's most-indebted publicly traded homebuilder, scrapped its 90 billion yuan (S$20 billion) plan to branch out into solar power, stymieing its ambitions to become a clean-energy developer.
After surveying the market, Evergrande, owned by...